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Is life getting harder or easier for banks?

The conference I presented at last week in Barcelona focused upon future banking, and we had an audience of international bank managers from around the world.  The conference organiser gave me the opportunity to ask some questions of the audience.  You know the sort of thing, where you have those nice voting buttons arranged around the…

Microsoft Ships BizTalk Update with SWIFT Support

I’m confused. Microsoft is shipping a new version of BizTalk Server 2006 late in 2007? How retro. Microsoft did not change any features in the shipping release since the last beta, says Steve Martin, the company’s director of connected systems product management. "We hardened some of the functionality. The last major version of the product…

Greenspan Blasts Bush and Republicans

The WSJ got hold of a copy of Greenspan’s new book, due out Monday. Sounds a little mixed. The Ayn Rand devotee who played a partisan game in supporting skewed tax cuts by Bush, criticizes the Republicans for losing their one-time small government focus. One interesting point from being close to presidents – it seems…

Brilliant Hed: Customer Service in Best Interest for Banks – WSJ

Whew. Knew there was some reason I pay good money for my Journal subscription. Or subscriptions. When I called to complain about getting two copies a day they took action. Today I got three.   Anyway, some secret shoppers from Sandler O’Neill & Partners came up with exciting finds, like a BoA sales rep making…

Brilliant Hed: Customer Service in Best Interest for Banks – WSJ

Whew. Knew there was some reason I pay good money for my Journal subscription. Or subscriptions. When I called to complain about getting two copies a day they took action. Today I got three.   Anyway, some secret shoppers from Sandler O’Neill & Partners came up with exciting finds, like a BoA sales rep making…

Speed Without Disruption – HPC On Wall Street Monday

High Performance Computing on Wall Street has been running for a couple of years now, but interest seems at an all-time high this year. Today I have talked to IBM, Cisco and, on a related matter, Platform Computing. One common theme, which I will elaborate on Monday since some of this is embargoed, is that…

Microsoft Legacy Modernization Program

The Mainframe Migration Alliance (MMA) and the Midrange Alliance Program (MAP) will host a meeting on legacy modernization at the Fira Palace Hotel in Barcelona from 1:00 – 4:00 pm on 9 October. The meeting will provide an opportunity to learn more about Microsoft’s plans regarding legacy modernization and offer an opportunity for attendees to…

The Less so Bleedin’ Obvious – CDO’s Created Crisis

After yesterday’s blog about the state of the markets and the concluding line: "When you see a way of making money with no risks, you see the fool’s gold", I guess the obvious question is: Why didn’t the banks see the fool’s gold?  After all, these are institutions that go back over five centuries, with…

The Less so Bleedin’ Obvious – CDO’s Created Crisis

After yesterday’s blog about the state of the markets and the concluding line: "When you see a way of making money with no risks, you see the fool’s gold", I guess the obvious question is: Why didn’t the banks see the fool’s gold?  After all, these are institutions that go back over five centuries, with…

Department of the Bleedin’ Obvious – Lending Created Crisis

Some totally obvious comments are coming out in the media today. Take the UK’s new Chancellor of the Exchequer (the old one got promoted to Prime Minister) Alistair Darling who is headlined today as saying that banks “need to know who they’re lending to, how much they’re lending and what the risk is. Now, that’s elementary…

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